Posted On: 08/16/2016 7:35:39 PM
Post# of 22940
$TPAC Chart looking really nice here : http://www.barchart.com/chart.php?sym=TPAC&am...Date=#jump
Of note:
We are now trading atop the upper bollinger band. The significance? We have not done so since the last major run. Out-of-band movement above pinched bands and low bandwidth gave way to a two-legged run, first from .0005x.0006 to .0069, followed by a move to .0072, which at .0072 out-of-band trading ceased until this most recent movement we are seeing now. Bandwidth is at .001 with bandwidth peak just shy of .008 out of .01 while near the top of the last run. RSI at yesterday's close was 75 and was higher while at .002 today. With the pps currently holding a very respectable .0014, up from .0007 last week, the RSI(14) is currently sitting at 62.54, in the power zone, and now with room to move up again. Chaikin Money Flow (CMF20) has flipped into the green the last few trading sessions and is giving us another bullish indicator. SMA20 is serving as support at .0009, so even with an opening shake, .001's are more than likely to remain the bottom of the trading range, even upon dips. Accumulation still should be looking nice, but cannot say for sure, as I am not finding that indicator on barchart, and that indicator on tradingview(for a non-subscriber) is still showing yesterday's curve. Today's short volume at 37.65% with +15M shares shorted out of 40.1M shares in total. http://otcshortreport.com/?index=TPAC&action=view
Hope everyone has a great remainder of the evening.
Of note:
We are now trading atop the upper bollinger band. The significance? We have not done so since the last major run. Out-of-band movement above pinched bands and low bandwidth gave way to a two-legged run, first from .0005x.0006 to .0069, followed by a move to .0072, which at .0072 out-of-band trading ceased until this most recent movement we are seeing now. Bandwidth is at .001 with bandwidth peak just shy of .008 out of .01 while near the top of the last run. RSI at yesterday's close was 75 and was higher while at .002 today. With the pps currently holding a very respectable .0014, up from .0007 last week, the RSI(14) is currently sitting at 62.54, in the power zone, and now with room to move up again. Chaikin Money Flow (CMF20) has flipped into the green the last few trading sessions and is giving us another bullish indicator. SMA20 is serving as support at .0009, so even with an opening shake, .001's are more than likely to remain the bottom of the trading range, even upon dips. Accumulation still should be looking nice, but cannot say for sure, as I am not finding that indicator on barchart, and that indicator on tradingview(for a non-subscriber) is still showing yesterday's curve. Today's short volume at 37.65% with +15M shares shorted out of 40.1M shares in total. http://otcshortreport.com/?index=TPAC&action=view
Hope everyone has a great remainder of the evening.
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Do your own DD. Assume everyone here is either an amateur trader/investor or a paid interest such as a compensated pumper/basher. My posts are strictly for entertainment purposes. I am not on Wall St., do not work for a group, and only get paid when my personal investments materialize. I am only responsible for my own gains and losses; no one is to blame for my mistakes or for any advice taken from postings; likewise, I am not to blame for any advice you take of mine, regardless of gains or losses from doing so. Good luck to all; may you live long and prosper greatly.
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